Describes the importance of fostering cooperation between the business and academic affairs divisions, suggesting that rifts between the divisions can lead to serious organizational conflicts. Indicates that college administrators should reduce the causes of conflict, initiate cooperation, and encourage wider participation of divisional leaders in…

College trustees have a responsibility to institute investment policies that preserve real endowment value. The chief financial officer's responsibility varies, but at a minimum should provide the board with essential information and ensure that trustees understand the importance of policy decisions. Critical tasks include establishing and…

Because of the integral relationship of student financial aid with student recruitment and retention, budgeting, program design and development, student services, and long-range institutional planning, it is useful to review organizational structure periodically to ensure visibility of the financial aid function within the institution. (MSE)

From a sample of 943 school business managers, 370 (40 percent) respondents prioritized 15 different training categories for the position of school manager; described training they had received; identified those categories that currently apply to their work; and supplied basic demographic information. (MLF)

When college budget problems lead to difficult decisions, the inherent differences between the business and academic areas may become exaggerated. Business affairs administrators are wise to make the effort to establish and maintain good communication with faculty. The rewards are trust and more effective administration. (MSE)

A school business administrator should be equipped to lead a district facility planning effort. Describes the processes of demographic planning, facility assessing, long-range financial facility plan budgeting, and aligning the facility plan with the district strategic plan. (MLF)

Provides basic information that a college or university chief financial officer (CFO) must know about enrollment management in order to understand how to work effectively with admissions and financial aid professionals to maximize tuition revenue and enroll the optimal class. Specific suggestions for CFO involvement are outlined. (Author/MSE)

One of the most critical components of the college or university chief financial officer's job is budget planning, especially using formulas. A discussion of funding formulas looks at advantages, disadvantages, and types of formulas used by states in budgeting for higher education, and examines how chief financial officers can position the campus…

Argues that trustees, finance officers, and other leaders of institutions of higher education must redefine and expand their traditional interactions beyond discussion of budgets and balance sheets if they are to guide change instead of being controlled by it. University leaders need to focus on their roles, share information differently, use…

Several experts in the field of college financial administration offer their insights into the emerging relationship between high technology and financial management, focusing on the role of the institution's chief business officer. Topics include efficiency, cost effectiveness, organizational communication, homegrown vs. packaged software…

A discussion of the relationship between the university and industry in research looks at the challenge of balancing the academic institution's pursuit of entrepreneurial and sometimes precedent-setting industry relationships with its responsibility for ensuring the integrity of its scientific enterprise. Development of reasonable policy for…

Gina Kranitz, the new chair of the National Association of College and University Business Officers (NACUBO) board of directors, the first from the community college sector, is profiled, and her plans for the next year, including several major initiatives for the association, are discussed. (MSE)

Introduces the concept of college and university campus master planning, describes factors and actors in the process, discusses the relationship to capital budgeting, and offers a typical master planning and capital-budgeting process as illustration. Developing a comprehensive institutional master plan can profoundly affect the institution's…

The primary responsibilities of chief financial or business officers at community colleges include attending to business and financial affairs, dealing with the physical plan and real estate, handling legal affairs and auxiliary enterprises, providing leadership for policy matters, and acting as a financial advisor. Due to the significant…

Examines the current interest in consortia among colleges and universities, and describes Five Colleges, Inc., one of the oldest consortiums in the United States. The advantages, challenges, and factors in such collaborative relationships are discussed, with some attention given to financial issues. (MSE)